Today, the House Financial Services Committee is holding an Oversight and Investigations Subcommittee hearing, led by Subcommittee Chairman Dan Meuser (PA-09), to examine the waste, fraud, and mismanagement within the Department of Housing and Urban Development (HUD).
Read Subcommittee Chairman Meuser’s opening remarks as prepared for delivery:
"Today’s hearing is entitled, 'Decades of… Read more »
Today, the House Committee on Financial Services Subcommittee on Oversight and Investigations, led by Chairman Dan Meuser (PA-09), held a hearing entitled, "Decades of Dysfunction: Restoring Accountability at HUD." The hearing examined the persistent waste, fraud, and mismanagement within the Department of Housing and Urban Development (HUD). Members underscored the critical need for… Read more »
The Chairman of the House Financial Services Committee, French Hill (AR-02), Chairman of the Subcommittee on Oversight and Investigations, Dan Meuser (PA-09), Chairman of the Subcommittee on Financial Institutions, Andy Barr (KY-06), and the Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, Bryan Steil (WI-01), sent a letter to Federal… Read more »
Today, the House Financial Services Committee is holding an Oversight and Investigations Subcommittee hearing, led by Subcommittee Chairman Dan Meuser (PA-09), to examine the negative effects of the Biden Administration's Operation Choke Point 2.0 and hear testimony by those affected and experts in the digital assets ecosystem to understand the depths of the problem and measures necessary… Read more »
Today, House Financial Services Committee Chairman French Hill (AR-02) announced the following hearings for February 2025:
Full Committee Hearing Entitled: “Make Community Banking Great Again”
Time: 10:00 AM ET
Date: Wednesday, February 5, 2025
Place: 2128 Rayburn House Office Building
Oversight and Investigations Subcommittee Hearing Entitled: “Operation Choke… Read more »
Rep. Patrick McHenry (R-N.C.) today asked the Export-Import Bank for information about the agency's efforts to combat fraud.
In a letter to acting Ex-Im Bank President Jeffrey Gerrish, McHenry cited a July 2018 GAO report that made recommendations about how the agency could improve its fraud prevention efforts.
"In light of GAO's findings, the committee is concerned about the adequacy… Read more »
WASHINGTON – Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, sent a letter requesting information from Boeing Co. to shed light on a potential attempt by the Chinese government to skirt U.S. laws to obtain restricted satellite technology.
In the letter, Ranking Member McHenry detailed the intended 2016 sale of a Boeing satellite to Los… Read more »
WASHINGTON – Today, Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, sent letters to the eight Inspectors General (IG) of the agencies within the committee’s jurisdiction requesting an update on the agencies’ efforts to implement the IGs recommendations to reduce waste, fraud, and abuse.
Congressman McHenry highlighted the IGs “shared… Read more »
WASHINGTON – The House Financial Services Committee today released a staff report which reveals that the Financial Stability Oversight Council (FSOC) acts inconsistently and arbitrarily in exercising its power to designate certain non-bank companies as “too big to fail.”
Based on documents requested by the Committee nearly two years ago and the sworn testimony of Treasury Department… Read more »
Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement on Thursday after the State Department admitted that the United States would not hand over $400 million in cash to Iran until it released four American hostages:
“There’s a word for that. It’s called ransom. But two weeks ago President Obama insisted to the American people that the… Read more »
